Xuji Electric Co., Ltd. was formerly Xuchang Relay Factory. In 1993, Xuchang Relay Factory, as the sole promoter, reorganized and established Xuji Electric Co., Ltd. through targeted fundraising. In 1996, the Henan Provincial Economic System Reform Commission used the "Reply on the Reconfirmation of Xuji Electric Co., Ltd." No. [1996] 107 to determine that Xuji Electric complies with the requirements of the Company Law and confirmed that it was a joint-stock company. On April 18, 1997, the company was officially listed on the Shenzhen Stock Exchange. The stock abbreviation is "Xuji Electric" and the stock code is "000400".

The company is a leading enterprise in China's power equipment industry, committed to providing high-end energy and power technology equipment for national economic and social development, and providing comprehensive technical, product and service support for clean energy production, transmission, distribution and efficient use. The company focuses on five core businesses: ultra-high voltage, smart grid, new energy, electric vehicle charging and swapping, rail transit and industrial intelligence, and comprehensive energy services, advanced energy storage, intelligent operation and maintenance, power Internet of Things and other emerging businesses, and its products are widely used in All links of the power system. The company's products are mainly divided into six categories: intelligent transformer distribution systems, DC transmission systems, intelligent medium voltage power supply and consumption equipment, smart electricity meters, electric vehicle intelligent charging and swapping systems, and EMS processing services.

The company seeks development with innovation-driven development, closely focusing on the requirements of the country's major equipment and core technologies, insisting on technological innovation-driven industrial upgrading, and forming three major "information automation control technology, high-power power electronic technology, and primary equipment design and manufacturing technology". Core basic technologies, three core basic platforms, "embedded software platform, embedded hardware platform, and system software platform", and more than 130 core technology products.

The company's core business products cover all links of the power system, including ultra-high voltage/ultra-high voltage DC transmission, flexible DC transmission, intelligent distribution network, intelligent substation, intelligent electricity consumption, electric vehicle charging and swapping, high-speed railway/urban rail transit traction power supply, Overall solution capabilities, core equipment manufacturing capabilities and engineering service capabilities such as energy Internet, advanced energy storage, and intelligent manufacturing.